Alantra, a Spanish private equity firm specialising in mid-market transactions, has acquired a majority stake in 13 dental laboratories, forming the second largest dental laboratory group in Spain with €20 million in sales.
Enterprise Investors Fund IX (EI Fund IX) has announced its acquisition of Scan_Lab, Poland's largest digital dental prosthetics laboratory. While the deal value remains undisclosed, Enterprise Investors will partner with Scan_Lab’s CEO, Damian Waliłko, to acquire 100% of the company from domestic investors, whose funds were managed by Forum TFI.
European PE firm Palamon Capital has hired US investment bank Morgan Stanley to advise on a potential sale of mydentist, the UK’s largest dental chain.
HBI’s annual conference took place last week. Almost 600 attendees — comprising CXOs of healthcare providers, investors, suppliers and advisors — travelled from 40 different countries to London for the event. Over the course of three days of roundtables, workshops and panel discussions, they explored the big issues the sector faces, and the opportunities available to the private sector in helping to solve them.
The health and wellness industry is rapidly evolving, with fitness companies expanding into healthcare services, a trend showing promise in an increasingly active market.
At last year’s conference Hedley Goldberg, Managing Director at multinational investment bank Rothschild, predicted healthcare M&A activity would begin picking up again in Q4 2023 or Q1 2024. But we’re now halfway through 2024 and there are still very few deals above €500m taking place. Goldberg is confident, however, that we have now passed through the bottom of the cycle.
At a fascinating HBI 2024 workshop on transforming the dental services industry, innovators outlined bold new business models designed to improve access to affordable, high-quality oral care for millions across Europe.
The afternoon of day two of HBI 2024 included sessions on dental services, veterinary services the move to preventive healthcare, decarbonisation and the race to decarbonise.
HBI 2024 opened with a day of workshops, concluding with the HBI 2024 welcome reception hosted by medtech company Siemens Healthineers, and a dinner hosted by consulting firm McKinsey & Company.
The UK government has launched a consultation proposing that new dental graduates either work in the NHS for a set period after qualifying or be faced with repaying a large proportion of their training costs.
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